MFS Managed Wealth Fund - Class A (MNWAX) Research
The fund's primary objective is to generate comprehensive total returns. Its strategy involves two key components: first, a deliberate allocation of assets to three specific MFS equity funds, known as underlying funds. Second, it employs a dynamic asset allocation overlay, primarily using derivative financial instruments. This overlay is designed to achieve a dual purpose: to reduce the overall volatility of the fund's returns by moderating its exposure to the equity and/or currency markets inherent in the underlying funds, and to potentially open access to distinct asset classes or market segments where the underlying funds have limited or no presence.
Market snapshot
- Symbol
- MNWAX
- Price
- $13.52
- Day change
- +0.22%
- Market cap
- $35.6M
- 52-week range
- 12.7-13.58
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- AMG GW&K Small/Mid Cap Growth Fund Class N (ACWDX)
- Meeder Quantex Fund Retail Class (FLCGX)
- Meeder Global Allocation Retail (FLFGX)
- Midas Fund Inc. (MIDSX)
- Meeder Quantex Fund Adviser Class (QNTAX)
- Meeder Quantex Fund Institutional Class (QNTIX)
- SEI Asset Allocation Trust Moderate Strategy Allocation Fund Class F (SXMAX)
- TCW Conservative Allocation Fund Cl N (TGPNX)
Open MFS Managed Wealth Fund - Class A (MNWAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.